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1.
Maria Hanratty 《Housing Policy Debate》2017,27(4):640-655
This article estimates the impact of local housing and labor market conditions on area homelessness using the U.S. Department of Housing and Urban Development's (HUD’s) annual point-in-time counts of homelessness from 2007 to 2014. In cross-sectional models, the median rent, the share of households in rental housing, and the poverty rate have strong positive impacts on homelessness. Once area-fixed effects are included, only the median rent remains positive and significant. However, fixed-effect models find a positive relationship between poverty and homelessness in communities that maintain right-to-shelter policies, suggesting constraints in shelter bed supply may limit responses of homelessness to changes in economic conditions. 相似文献
2.
Ann M. Hartell 《Housing Policy Debate》2017,27(3):356-371
The concept of location affordability holds that housing affordability should be augmented to include transportation cost as a related and substantial household cost burden. The recent United States foreclosure crisis of 2006–2008 offers an opportunity to evaluate location affordability as a concept for policy and practice by investigating the relationship between transportation cost burdens and negative housing outcomes. This article contributes to the growing literature on location affordability and the recent crisis with an analysis of default and foreclosure data for 70 metropolitan areas. The analysis includes transportation and housing cost burdens and demographic data, as well as multidimensional measures of urban form. High rates of automobility are associated with increased foreclosure. The urban form variables yield mixed results, suggesting the relationship between urban sprawl and affordability is complex. However, across a range of specifications, high levels of development intensity are associated with increased foreclosure rates. The results have implications for both the housing and transportation sectors and lend support for the notion of location affordability. 相似文献
3.
During the recent economic recession, the foreclosure crisis drew vast attention from scholars and policymakers. Numerous studies focused on factors resulting in foreclosures, the impact of foreclosures, and the relationship between neighborhood attributes and foreclosures. Fewer studies investigated the foreclosure resale mechanism by focusing on buyer characteristics and the market duration of foreclosed properties. This research uses foreclosed residential properties in Broward County, Florida, between 2007 and 2011 to explore how market segmentation by assessed value relates to time on market of foreclosed properties. This research finds that extremely low-value properties and very high-value properties generally take longer to sell. Mid-value properties take a shorter time to sell. After controlling for housing attributes and market segmentation, certain neighborhood characteristics, such as lower percentage black population, lower percentage Hispanic population, lower educational attainment, and higher homeownership rate, are associated with increased likelihood of a real estate owned property being sold. These results will help policymakers determine better strategies for the foreclosure resale process. Special attention should focus on properties taking longer to sell or not able to sell during certain time frames to alleviate the negative effects of these properties on neighborhoods. 相似文献
4.
Eileen Diaz McConnell 《Housing Policy Debate》2013,23(4):605-631
Housing affordability in the United States is generally operationalized using the ratio approach, with those allocating more than thirty percent of income to shelter costs considered to have housing affordability challenges. Alternative standards have been developed that focus on residual income, whether income remaining after housing expenditures is sufficient to meet non-housing needs. This study employs Los Angeles Family and Neighborhood Survey data to consider racial/ethnic, nativity and legal status differences in one residual income standard. Logistic regression analyses of housing-induced poverty focus on whether there are differences among five distinct groups: US born Latinos, Non-Hispanic Whites, and African Americans, authorized Latino immigrants, and unauthorized Latino immigrants. Results suggest that: (1) Latino natives are significantly more likely to be in housing-induced poverty than African Americans and Latino immigrants, and (2) unauthorized Latino immigrants are not more likely to experience the outcome than other groups. The present work extends previous research. First, the results provide additional evidence of the value of operationalizing housing affordability using a residual income standard. Alternatives to the ratio approach deserve more empirical attention from a wider range of scholars and policymakers interested in housing affordability. Second, housing scholarship to date generally differentiates among Latinos by ethnicity, nativity, and citizenship. The present study contributes to emerging research investigating heterogeneity among Latinos by nativity and legal status. 相似文献
5.
AbstractThis study examines the trajectory of real estate-owned (REO) sales in the Chicago metropolitan statistical area from 2009 to 2013, roughly the first few years of the housing market recovery. Using a data set of property transactions, it tracks property sales to investors and owner-occupiers, and examines the neighborhood characteristics that contribute to an investor’s decision to purchase an REO property. Neighborhood characteristics include social and physical variables as well as housing and transportation affordability variables. Findings are consistent with previous studies in that investor activity is high in neighborhoods with higher proportions of African American and older residents. In addition, investors are more likely to purchase homes in neighborhoods that offer more affordable transportation options. Our findings can help planners identify areas where they may need to target programs that help reduce barriers to REO sales, particularly to owner-occupiers. By understanding the neighborhood-level determinants of REO dispositions, planners can help promote an equitable recovery and affordable homeownership for low- and moderate-income families. 相似文献
6.
Hannah Thomas 《Housing Policy Debate》2015,25(4):649-683
Research has linked concentrated foreclosures with negative neighborhood outcomes; for instance, increased crime and decreased property values. These outcomes drain community asset holdings and impact the longer term trajectory of the neighborhood. However, data reported in this article from a Boston study challenge the assumption that negative neighborhood outcomes are a foregone conclusion in the face of foreclosures. Analysis of interviews with real estate agents and other foreclosure professionals, neighborhood ethnographic observation, and citywide sales and foreclosure sales documents demonstrate that the distinct nature of the foreclosure sales process creates market disruptions heightening the risk for documented negative neighborhood outcomes. Attempts by the seller to reduce financial risks in the sale increase the likelihood of vacancy and create a market oriented toward investor–buyers. Understanding the risk preferences of key decision makers in the foreclosure sale process reveals new intervention points—such as intervening at the short sale, or expanding and updating foreclosure laws to reflect current foreclosure sales markets—to reduce market disruptions and preserve community assets in the face of foreclosures. 相似文献
7.
Kyungsoon Wang 《Housing Policy Debate》2013,23(2):296-318
ABSTRACTThe surge in foreclosures in the United States that began in 2007 reached a peak in mid-2011, and since then, the rate of foreclosures has been decreasing, providing evidence of the housing market recovery. This study examines factors that affected changes in ZIP code-level foreclosure rates in more than 300 U.S. metropolitan areas during the national housing recovery. Using multivariate analyses of the long- and short-term effects of foreclosures simultaneously, this finding shows that certain characteristics of the mortgage and housing markets led to more rapid neighborhood recovery. Results also indicate, however, that most urban-form variables led to neighborhood resilience over the long term, that high shares of mixed land use were strongly associated with fewer foreclosures, and that high shares of auto dependency were associated with high foreclosure rates. Finally, findings suggest that low- and moderate-income neighborhoods, particularly in cities, were more vulnerable and less resilient to economic shock, and the accumulated effects of foreclosures worsened over the long term. However, low- and moderate-income neighborhoods surrounded by suburban affluent neighborhoods recovered more rapidly than those in cities did. Understanding such resilience to economic crises will provide policymakers with insights that they can leverage to establish housing policies for sustainable neighborhoods. 相似文献
8.
Yasuyuki Fujii 《Housing Policy Debate》2016,26(2):296-315
Cleveland, Ohio provides a useful case for examining and contrasting property transfer practices among certain key actors before, during, and after the foreclosure crisis. Transfers among key actors—Cleveland’s two land banks, the State of Ohio, Fannie Mae, investors, and community development corporations (CDCs)—differed considerably. This article empirically shows that inappropriate property transfer practices by financial institutions and speculator-type investors negatively impacted neighborhoods, compounding the damage brought on by the foreclosure crisis. By contrast, a case study of one of the hardest hit neighborhoods in Cleveland finds that the land banks and CDC are producing positive outcomes. A proactive land bank as a conduit and robust CDCs as a project promoter are an effective combination to cope with vacant and abandoned properties. 相似文献
9.
Dolores Acevedo-Garcia Nancy McArdle Erin Hardy Keri-Nicole Dillman Jason Reece Unda Ioana Crisan 《Housing Policy Debate》2016,26(4-5):607-645
AbstractWe use the Location Affordability Index (LAI) and the newly developed Child Opportunity Index (COI) to assess, for the first time, the tradeoff between neighborhood opportunity and housing/transportation affordability facing low-income renter families in the 100 largest metropolitan areas. In addition to describing the opportunity/affordability relationship, we explore the level of balance between neighborhoods’ relative cost burden and their corresponding opportunity levels to determine whether children of different racial/ethnic groups are more (or less) likely to experience cost-opportunity imbalance. Our multilevel analyses show that housing affordability is largely accounted for by the neighborhood opportunity structure within each metropolitan area. The metropolitan characteristics examined account for only a small proportion of the between-metro variance in the opportunity/affordability gradient for housing, presumably because the neighborhood opportunity structure already reflects metro area factors such as fragmentation and segregation. On the other hand, transportation affordability shows a weaker association with neighborhood opportunity. The COI/LAI association is much weaker for transportation than for housing, and a large part of the variation in the transportation gradient occurs at the metropolitan area level, not the neighborhood level. Sprawl is particularly associated with transportation affordability, with lower sprawl areas having lower transportation-cost burden. We discuss the implications of the empirical findings for defining affordability in housing assistance programs. We recommend that housing policy for low-income renter families adopt an expanded notion of affordability (housing, transportation, and opportunity) and explicitly consider equity (e.g. cost-opportunity imbalance) in the implementation of this expanded affordability definition. 相似文献
10.
A key goal of housing assistance programs is to help lower income households reach neighborhoods of opportunity. Studies have described the degree to which Low-Income Housing Tax Credit (LIHTC) developments are located in high-opportunity neighborhoods, but our focus is on how neighborhood outcomes vary across different subsets of LIHTC residents. We also examine whether LIHTC households are better able to reach certain types of neighborhood opportunities. Specifically, we use new data on LIHTC tenants in 12 states along with eight measures of neighborhood opportunity. We find that compared with other rental units, LIHTC units are located in neighborhoods with higher poverty rates, weaker labor markets, more polluted environments, and lower performing schools, but better transit access. We also find that compared with other LIHTC tenants, poor and minority tenants live in neighborhoods that are significantly more disadvantaged. 相似文献
11.
This paper addresses a critical but almost unexamined aspect of the Low Income Housing Tax Credit (LIHTC) program – whether its use (and in particular, the siting of developments in high-poverty/high-minority neighborhoods), is associated with increased racial segregation in the metropolitan area. Using data from the Department of Housing and Urban Development (HUD) and the Census, supplemented with data on the racial composition of LIHTC tenants in three states, we examine three potential channels through which the LIHTC could affect segregation: where LIHTC units are built relative to where other low income households live, who lives in these tax credit developments, and changes in neighborhood racial composition in neighborhoods that receive tax credit projects. The evidence on each of these channels suggests that LIHTC projects do not contribute to increased segregation, even those in high poverty neighborhoods. We find that increases in the use of tax credits are associated with declines in racial segregation at the metropolitan level. 相似文献
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13.
李凯林 《北京行政学院学报》2014,(5)
任何科学概念都有其意义域,真理多走一步就可能转化为谬误,异化劳动概念也不例外。马克思对资本主义劳资关系最初的把握是异化劳动,后来则走向更为科学的三种认知,分别体现在《共产党宣言》、《资本论》和“跨越卡夫丁峡谷”的设想中。马克思当年对“德国的或‘真正的’社会主义”的时空条件分析值得借鉴。当今中国社会主义市场经济中的劳资关系,应当走建设合作之路。 相似文献
14.
Hannah Thomas 《Housing Policy Debate》2013,23(4):738-764
This article reviews the depletion of financial assets that families in foreclosure experienced in Boston, Massachusetts. Drawing on 37 interviews with predominantly families of color in foreclosure around the City of Boston between 2007 and 2008, this article suggests that a critical process on the path to foreclosure is asset depletion that leads to asset exhaustion. Asset depletion is the process of using up savings and other liquid and nonliquid investment vehicles to cover day-to-day expenses when income is not enough to do so. In the case of foreclosure, asset depletion to the point of asset exhaustion is motivated by the significance of the home for the family. Even when a family does not lose its home to foreclosure, it loses critical stabilizing financial assets, leaving the family vulnerable to further economic shocks and less likely to achieve upward social mobility. This article explores the process of asset depletion that leads to asset exhaustion in foreclosure and the motivations that drive a family to deplete its assets to the point of exhaustion in foreclosure, providing key insights for policymakers considering the implications of foreclosure for affected families' economic security and social mobility. 相似文献
15.
Is Investor Purchasing of Foreclosures Related to Neighborhood Crime? Evidence From a Phoenix Suburb
Little is known about how investors purchasing foreclosures during the recent U.S. housing crisis are affecting neighborhood crime. While they may decrease crime by reducing vacancies or bettering neighborhood conditions, they may increase it by escalating neighborhood turnover. Combining local police department data on calls for service with foreclosure, home sales, and sociodemographic data, this research uses longitudinal modeling to assess the relation between the purchasing of foreclosures by investors and calls for service in neighborhoods in Chandler, Arizona, a Phoenix suburb where investors are renting former foreclosures. Neighborhoods where foreclosures were more often purchased by investors had more calls for service about violent crime the following year. 相似文献
16.
William H. Rogers 《Housing Policy Debate》2013,23(4):687-706
According to previous studies, residential foreclosures reduce the value of neighboring residential units and the initial negative effects decay over time and space. This study attempts to investigate the temporal path of the initial effects by following cohorts of single-family housing distressed sales (foreclosures and real estate owned sales) over time. A hedonic model estimation of single-family housing sales in Saint Louis County, Missouri, produced larger marginal impacts for new distressed sales in the year 2000 compared with the marginal impact of new distressed sales in 2007, that is, the marginal impact of new distressed sales is declining in at least one housing market. This result holds true for the distressed sale neighborhood impact, the effect of distress on the same unit's future sales price, and the discount on a distressed unit's current “liquidation sale” price. 相似文献
17.
This paper reviews the current state of the housing market, particularly in the shadow of the foreclosure crisis, the collapse of the financial system, and persistent unemployment. The authors outline the policy priorities necessary to facilitate the recovery of the housing market in general and to encourage comprehensive revitalization of the hardest hit communities. 相似文献
18.
Martha R. Burt 《Housing Policy Debate》2013,23(4):737-780
Abstract The first question people typically ask about homelessness is, “How many people are homeless?” After that, questions usually turn to characteristics: “What are they like?” Basic demographic characteristics such as sex, age, family status, and race have always been of interest, in part because the homeless population appears to be very different from the general public and even from most poor people who are housed with respect to these characteristics. Often, because these differences are so dramatic, demographic characteristics are overinterpreted as representing the reasons for homelessness. But as various studies have documented, most demographic factors quickly disappear as proximate causes when other factors representing personal vulnerabilities are available for examination. The underlying causes of homelessness, the structural conditions of housing and labor markets that turn vulnerabilities into loss of housing, do not lie within individuals at all and are thus difficult to include in analyses based on individual data. 相似文献
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20.
Rae Bridgman 《Housing Policy Debate》2013,23(1):51-81
Abstract This case study of an innovative pilot project for chronically homeless, mentally ill women in Toronto exposes assumptions that professionals embarking on initiatives to house chronically homeless women may bring to the design of such facilities. The value of in‐depth ethnographic research in charting the effectiveness of initiatives to alleviate chronic homelessness for women and in understanding the barriers that hinder the development of effective programs is highlighted. This article challenges conventional static understandings of the concepts of “private” and “public” and explores issues related to spatial privacy and communality, sense of ownership, ideas about the safe haven being both a home and a hostel, planning for flexibility, accountability to public flinders, and accommodation of individual needs. 相似文献